Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Canaan buys 49% stake in three Texas mining sites for $40M

Bitcoin mining hardware maker Canaan has purchased Cipher Mining’s 49% interest in a trio of Texas mining projects for roughly $39.75 million, expanding the company’s mining interests. The transaction covers the joint venture entities Alborz LLC, Bear LLC and Chief Mountain LLC, together known as the “ABC Projects,” according to a Monday announcement. After the deal, Canaan holds a 49% stake while partner WindHQ, a renewable energy infrastructure company, retains 51%. “By increasing our exposure to high-quality, low-cost operational power assets in Texas, we are aligning our proprietary technology with critical infrastructure to drive long-term efficiency and scale,” said Nangeng…

MiningFeb 24

Vladimir Novakovski: DeFi must match traditional finance performance, why solving real-world problems is crucial, and the evolving role of Ethereum in trading

Key takeaways DeFi must match the performance of traditional finance while maintaining verifiability. Building in crypto should focus on solving significant problems rather than building for its own sake. Most digital asset trading remains centralized, not utilizing blockchain technology. On-chain verifiable actions by intermediaries can improve efficiency over opaque traditional finance. Perpetual contracts are favored by traders for their capital efficiency and leverage. Customer feedback is crucial in tech development; starting with infrastructure alone is not effective. Market dominance in perpetual exchanges shifts with each cycle. The product market fit for DEXs was insufficient to attract traders post-FTX collapse. Competition…

DeFiFeb 24

Logan Paul, Bieber, Neymar see steep NFT losses as market reprices

Logan Paul, Justin Bieber, Neymar, Madonna and others sit on deep $NFT losses as the 2021 celebrity hype cycle gives way to a utility-focused market reset. Summary Multiple celebrities who bought NFTs near the 2021 peak now hold assets that have dropped 90% or more from purchase values, per blockchain and marketplace data. Logan Paul’s 0N1 Force $NFT and Justin Bieber, Neymar, Madonna, Curry, Eminem and Fallon’s Bored Apes all trade far below acquisition prices, tracking the broader $NFT downturn. While blue-chip collectibles have lost value, $NFT activity is shifting toward gaming, identity, ticketing and brand engagement, emphasizing utility over…

NFTFeb 24

Cryptocurrency Company Bitmine Continues Its Ethereum Investments! Here’s the Amount of Its Latest Purchase

BitMine Immersion Technologies continues to strengthen its institutional investment in Ethereum. According to on-chain data, the company has purchased approximately $83.6 million worth of $ETH. Arkham Intelligence data showed that Bitmine purchased 20,000 $ETH through the brokerage FalconX. On-chain analytics platform Lookonchain reported that the company purchased another 20,000 $ETH, this time through BitGo, during a similar time period. Ethereum was trading at approximately $2,090 at the time of these transactions. This purchase adds to Bitmine’s assets, which stood at 4,325,738 $ETH (approximately $9.14 billion) as of last weekend. The company previously announced that it had purchased 40,613 $ETH in…

EthereumFeb 24

Pro-Ripple Lawyer Rejects Sam Bankman-Fried Pardon as New FTX Solvency Data Surfaces

Prominent crypto attorney and U.S. Senate candidate John Deaton has escalated his opposition to any pardon for former FTX CEO Sam Bankman-Fried, rejecting recent attempts to portray the exchange as solvent before bankruptcy. As SBF circulates modeled charts projecting a potential $78 billion net asset value by 2025, Deaton argues the legal verdict and creditor losses outweigh theoretical recoveries. John Deaton rejects SBF's $78B solvency claims and pardon plea Deaton's comments follow Bankman-Fried's attempts at a digital comeback. In a recent "10 Myths About Me & FTX" post on X, SBF disputed insolvency claims and shared a chart modelling FTX’s…

LegalFeb 24

Salvo Games Joins Manadia to Accelerate AI-Driven Web3 Gaming

Salvo Games, an AI-centered Web3 gaming platform, has partnered with Manadia, a cutting-edge Web3 infrastructure platform. The partnership attempts to combine the immersive AI-led gameplay mechanisms of Salvo Games with the low-trust AI coordination and data settlement infrastructure of Manadia. As Salvo Games disclosed in its official social media announcement, the collaboration focuses on developing the basis for secure, privacy-preserving, and verifiable workflows across diverse blockchain ecosystems. Hence, the initiative signifies a new epoch where the robust blockchain technology backs reliable data exchange, scalable AI-driven workflows, and real-world collaboration. 🤝 We’re excited to announce our partnership with @paywithmana. manadia is…

GameFiFeb 24

Engie Eyes Bitcoin Mining to Address Solar‑Power Curtailment in Brazil

The energy conglomerate is considering adding local power demand, in the form of bitcoin mining or storage systems, for its largest solar farm in Brazil, Assu Sol, located in the east. This would help the complex use the energy that the local power grid cannot absorb. Engie Mulls Starting Bitcoin Mining Operations to Leverage Curtailed Energy in Brazil Engie, a global power company, is seeking alternatives to leverage its excess solar power generation in Brazil. According to reports, Eduardo Sattamini, Engie county manager for Brazil, stated that the French energy conglomerate is considering using part of the energy produced in…

MiningFeb 24

NFT Market Cap Plummets Below $1.5B, Signaling a Stark Reality Check for Digital Collectibles

In a stark reversal from its meteoric highs, the total market capitalization for non-fungible token ($NFT) collections has decisively fallen below the $1.5 billion threshold, reaching a valuation not seen since August 2021, according to data from the Unfolded X account. This significant $NFT market cap decline marks a pivotal moment for the digital asset sector, prompting a deep re-evaluation of its long-term trajectory and underlying value propositions. Understanding the $NFT Market Cap Decline The reported $NFT market cap figure represents the aggregate value of all tracked $NFT collections. This metric serves as a crucial barometer for the sector’s overall…

NFTFeb 24

Ethereum claims 61% of $200 billion market value stored as tokenized assets

Nearly 61% of all tokenized assets worth over $200 billion live on the Ethereum network, according to the latest on-chain data. Cathie Wood’s Ark Invest projects rapid growth in tokenized assets, estimating that the market could rapidly expand over the next four years to exceed $11 trillion by 2030. The on-chain data continues to show that Ethereum is way ahead of its competitors in terms of tokenized asset market share by blockchain, with second-placed BNB Chain accounting for only 10%. Solana and Stellar follow in third and fourth at 4.52% and 4.12%, respectively, while Arbitrum is placed fifth at 3.81%.…

EthereumFeb 24

Latest digital asset law changes in the USA, China, and the UAE

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In 2026, global digital asset laws are shifting from implementation to operational, with a major focus on stablecoin oversight, tokenized real-world assets, and tax compliance. Here are the key changes during February from the United States, China, and the United Arab Emirates. Summary From experimentation to enforcement: In 2026, digital asset policy is shifting from pilots to operational law with stablecoins, tokenized RWAs, and tax compliance at the center. U.S. pushes market structure clarity: The Clarity Act…

LegalFeb 24